Pig, here’s a tip. Don’t look at a one month chart, or six month or one year chart. Look at a ten or twenty or forty year chart. You’ll see you aren’t broker, you’re richer, much richer.
‘Broker’ sounds so much better than ‘parasite preying on the clueless’. Don’t get me wrong, there are some really good and well meaning brokers out there. Finding them is the hard part.
Many commentors here have it right. History has shown over the long run stocks always trend up. Lows as they are right now are actually a good time to purchase stocks (if you have the money). Patience always wins out. If you have none then you really should not be in the stock market at all.
Yeah, but broke is an absolute term; there is no broker (as a comparative) or brokest. Just like there’s no deader (never mind expressions like deader than a doorknob). Poorer, maybe. Broker, no.
But don’t sell on the dip; all that does is lock in your losses. If your timeframe is long, ride it out. If you’re nearing retirement, one hopes you already had your investments in safer vehicles that are less affected by volatility.
I went through two financial analysts after I retired. Both showed me the Stock Market growth since it began. This math major and engineer said, let’s see a bunch of 30-year intervals (about a generation, and maximum lifetime average for most retirements). They avoided 1929, and would now also avoid 2008 (when almost no bankers went to prison) and what’s coming. All they said was, “Grumble-grumble-grumble….” Also, neither would admit what THEY made off my investments. FUBAR
Why is the 14-letter word beginning with a cry and ending in a ncy used for Bitcoins and their ilk on GoatKomixs banned list? Every time I’ve tried to use the word in a sentence, I’m being blocked by the censorious Overlords!
This is why most people are better off investing in a low-cost, index-based Target Date Fund. Vanguard, Fidelity, and Schwab all offer good options. That gives you a fully diversified portfolio that steadily becomes more conservative as the date approaches that you expect to start withdrawals.A broker who makes stock picks for his customers is so behind the times, he’s not even a dinosaur, he’s an anaerobic bacterium.
BE THIS GUY about 2 years ago
Nobody made you buy anything. It’s your responsibility to make sure you’re making a sound decision.
BasilBruce about 2 years ago
So if I put my wallet into an elevator, I’ll be rich?
Bilan about 2 years ago
Pig, you were supposed to sell when it dropped. That way, they get another commission.
But the #1 rule of brokers, if you’re not already rich, they don’t care about you.
Dillithamir about 2 years ago
The timing of this is uncanny…
enigmamz about 2 years ago
Scott Van Pelt, once again the Antagonist of this strip.
DennisinSeattle Premium Member about 2 years ago
All of us who have stocks can get certified as broker these days.
NavalHistorian about 2 years ago
Has Pig never seen a Loony Tunes cartoon?!? Never do business with Acme!
josballard about 2 years ago
My 200 shares of Horse and Buggy Whips have stabilized.
Bullet Bronson Premium Member about 2 years ago
Pig, here’s a tip. Don’t look at a one month chart, or six month or one year chart. Look at a ten or twenty or forty year chart. You’ll see you aren’t broker, you’re richer, much richer.
Of course, that’s not nearly as funny.
Doug K about 2 years ago
Your broker makes you broker. You in turn, as broker, make someone else broker … who makes yet another person broker …
blunebottle about 2 years ago
For every winner, there’s a loser.
AndreasMartin about 2 years ago
‘Broker’ sounds so much better than ‘parasite preying on the clueless’. Don’t get me wrong, there are some really good and well meaning brokers out there. Finding them is the hard part.
iggyman about 2 years ago
Those who have stocks in your 401K or TSP know what Pig is talking about these days!
gsawyer101 about 2 years ago
To paraphrase Bullet Bronson: You don’t loose a dime if you don’t sell. Hang on the market will be back.
Ermine Notyours about 2 years ago
Hey Pig. If you need to wallpaper a room, now you’re covered.
cdward about 2 years ago
Hey, if you’re gonna gamble…
Mugens Premium Member about 2 years ago
Many commentors here have it right. History has shown over the long run stocks always trend up. Lows as they are right now are actually a good time to purchase stocks (if you have the money). Patience always wins out. If you have none then you really should not be in the stock market at all.
Gent about 2 years ago
Stock markets is for bulls and bears. Not for pigs.
JudyAz about 2 years ago
“Broke” is like “unique” or “pregnant”. Either you are or you aren’t. There is no relativism.
ekw555 about 2 years ago
I will be richer later.
I can wait.
tripwire45 about 2 years ago
Maybe it has to do with the economy.
Uninspired Artist about 2 years ago
hi
txmystic about 2 years ago
old joke…
WaitingMan about 2 years ago
I’m feeling serious schadenfreude (wow, got the spelling right on the first try) over people who bought Bitcoin at 60K.
Ellis97 about 2 years ago
No more puns!
Zebrastripes about 2 years ago
If someone sneezes, the “ brokers” panic and stocks plunge….
rshive about 2 years ago
Advice is cheap. The good variety, a bit more expensive.
Linguist about 2 years ago
Hey, Mr. Pig, how’s all those bitcoins you bought workin’ out for ya?
CaveCat87 about 2 years ago
When they call them brokers, they weren’t kidding.
Goat from PBS about 2 years ago
Perhaps Pig should invest in Bitcoin. I guess-timate that paper money will be extinct in a decade or so. (Though I kinda hope not)
Carl Rennhack Premium Member about 2 years ago
Joe Kennedy Sr. realized it was time to get out of the market when his shoeshine man tried to give him a hot tip!
Croc Holliday about 2 years ago
Yeah, but broke is an absolute term; there is no broker (as a comparative) or brokest. Just like there’s no deader (never mind expressions like deader than a doorknob). Poorer, maybe. Broker, no.
But don’t sell on the dip; all that does is lock in your losses. If your timeframe is long, ride it out. If you’re nearing retirement, one hopes you already had your investments in safer vehicles that are less affected by volatility.
Cerabooge about 2 years ago
A classic.
Mel-T-Pass Premium Member about 2 years ago
We have been doubly pun-ished. Economically, and comically.
old_geek about 2 years ago
“I’m not broke, just badly bent”
198.23.5.11 about 2 years ago
Invest in the big food companies.No matter how bad things get,people won’t stop eating
KEA about 2 years ago
The Stock Market is just gambling
zeexenon about 2 years ago
I went through two financial analysts after I retired. Both showed me the Stock Market growth since it began. This math major and engineer said, let’s see a bunch of 30-year intervals (about a generation, and maximum lifetime average for most retirements). They avoided 1929, and would now also avoid 2008 (when almost no bankers went to prison) and what’s coming. All they said was, “Grumble-grumble-grumble….” Also, neither would admit what THEY made off my investments. FUBAR
pearlyqim about 2 years ago
For sure!
Linguist about 2 years ago
Why is the 14-letter word beginning with a cry and ending in a ncy used for Bitcoins and their ilk on GoatKomixs banned list? Every time I’ve tried to use the word in a sentence, I’m being blocked by the censorious Overlords!
ViscountNik about 2 years ago
“Ooooooh! I get it now! You’re bookies!” – Billy Ray Valentine
Agapostemon about 2 years ago
This is why most people are better off investing in a low-cost, index-based Target Date Fund. Vanguard, Fidelity, and Schwab all offer good options. That gives you a fully diversified portfolio that steadily becomes more conservative as the date approaches that you expect to start withdrawals.A broker who makes stock picks for his customers is so behind the times, he’s not even a dinosaur, he’s an anaerobic bacterium.
knight1192a about 2 years ago
Shoulda known from the company’s name.
rrt1285 about 2 years ago
Unless you’re in an IRA or 401K then your options are limited on when you buy and at what level.
Sisyphos about 2 years ago
I was so tempted to send this to my financial advisor, but she’s really much better than that. Still, stocks are way down this year….
Uncle Kenny about 2 years ago
Aren’t these written, like, six months in advance? How can it be so topical?
Laurie Stoker Premium Member about 2 years ago
Dammit, Stephan! You could have run this particular strip a couple of years ago!!!!!
dexterwhite about 2 years ago
The market goes up and the market goes down; get used to it or go to CD’s.
Swirls Before Pine about 2 years ago
You have to buy your stocks from a broker named Rich in order to break even